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Battulga
Mr. Battulga, 31 runs a small auto service that makes auto decorations. He has been running his business for three years and has gained a quiet experience in this field. Actually, he installs the state number plate and its various frames to the cars of his customers. Now he needs to raise his working capital such as number plate frames and some other car decoration items. It is important to his business improvement and to expanding as he thinks. The loan he is taking will be dedicated to purchase the some of necessary auto decoration materials to increase his business working capital.

Additional Information

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

About Mongolia

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,360.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Battulga to purchase the some of necessary auto decoration materials to increase his inventory of number plate frames and some other car decoration items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013